The housing shortage and wealth accumulation in Australia.
Houses/ 'homes' as commercial enterprises
" In Australia, the origin of the idea that housing is to be valued primarily as a commodity for producing private wealth is colonisation. It is part of our creation story. " Former Victorian Supreme Court justice Kevin Bell.
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abc.net.au/news/2025-11-02/nee…
Plan to apply commercial council rates for short-stay rentals
"These properties operate as a commercial enterprise...They generate income and place higher demand on infrastructure and social services, similar to any hotel or motel."
abc.net.au/news/2025-11-02/mou…
#housing #homes #IndigenousDisplacement #unhoused #inequality #insecurity #Airbnb #shortterm #accommodation #speculation #traffic #TourismImpacts #MultipleProperties #BellingenShire #commercialisation #suburbia #BAU #MeInc #SettlerSociety #narrative #landlordism #rentierisation
ABC News
ABC News provides the latest news and headlines in Australia and around the world.Sam Bradbrook (Australian Broadcasting Corporation)